Italian police have released a statement revealing that criminals had plans to steal the body of Enzo Ferrari from his resting place.

According to reports, the criminals had wanted to remove Ferrari from his resting place in the San Cataldo cemetery in Modena. He died in 1988 at the age of 90, best known for being founder of the greatest and most historic sports car brand in the world, Ferrari.

Ferrari founded the brand approximately 70 years ago.

The police have released information with regards to how they found the plans. Drug trafficking and arms police came across the plot which included a ransom from the Ferrari company. Reports have also revealed that so far there have been numerous arrests made in accordance to this case.

The news has been made public alongside Ferrari’s announcement of its 70th anniversary plans.

The motor company are planning on celebrating its 70 years in business at the Festival of Speed in West Sussex. Its been confirmed that the festival will be graced with numerous Ferrari models, and have dedicated its theme to ‘Peaks of Performance- Motorsport’s Game-Changers’.

The anniversary celebration is proving to be popular amongst car enthusiasts. Tickets for the event is now on sale, however is limited availability as weekend entry is said to be sold out already.

The Festival is set to start on the 29th of June and run until the 2nd of July.